Wednesday, February 27, 2019
Nest Coffee Essay
1. Batch 2011-2014 Course Code 50121308Course Name Marketing II mold 601 Assignment 302 2. stigma Name Nescafe Parent Company come nearYear of Establishment of Nestle 1866 IntroductioNestle was established in Switzerland by Henri Nestle n Year of entering the Indian Market 1961 First Plant set up at Moga, Punjab Brief Overview In 1930 the Brazilian governmentapproached Nestle to create a naked as a jaybird instant cocoa that would give the consumer some other option and at the alike time increase the dwindling coffee exports of Brazil. It took eight eld simply in 1938 Nestle introduced Nescafe. 3. Product Range (in India) 4.STP Analysis Targeting A target market is a set of buyers sharing common ask or characteristics that the company decides to serve. Positioning. Position is the act of designing the company go through to occupy a distinctive place in the minds of the target markets. A product position is the way the product is defined by consumer attributes section M arket segmentation means dividing a market into smaller host with distinct needs, characteristics, or behaviour who might require separate products or marketing mixes. 5. Segmentatio n Geographical Segmentation Nescafe has divided the country into 4 segments i.e. Southern, Northern, Eastern and Western. The Southern Segment consumes the most amount of Coffee and prefers unattackable and roasted coffee. Where was in Northern region, Nescafe instant coffee is consumed in higher(prenominal) quantities. Demographical SegmentationNescafe has tried to segment every age group, families, region, gender and different socio-economic. 6. Segmentatio aside n Nescafe was targeted to morning people PresentNescafe is now targeting the Youth According to Andrew Ward, planetary account director ofNescafe has launched a $30 millionglobal campaign, specifically aimed at 16-24 years old.Use of Youth Icons like Purab Kohli, Vir Das and Deepika Padukone as According to McCann-Erickson Brand Ambassad ors World Group, coffee is the most popular drink among the youth. 7. Examples NESCAFE CAPPUCCINO Targeted to Premium urban consumers Core auditory sense aged 17-30 Concentrates on the theme of The magic gentleman of endless pleasure. NESCAFE CLASSIC Targeted to The urban professional Core audience aged 20-30 Concentrates on the classic taste of coffee with the tagline Coffee at its Best 8.Positioning Nescafes spatial relation is 1 coffee cup, 1 good feeling The TVCs and all Promotional Messages focus on extremely love between two person. Sharing a cup of coffee is shown as a symbol of sharing happiness. The Red Nescafe mug is another popular symbol which associates the Brand Nescafe with the concept sharing happiness. Nescafe Classic is positioned as 100% Pure Instant Coffee Nescafe Cappuccino is being positioned as A true Cafe 9. Tvc and Print Ads They all focus on positioning the brand as a symbol of shared happiness.
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